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The Internet of Things

Author: Pete Langlois/Wednesday, November 18, 2015/Categories: SNI Companies, SNI Technology

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Internet connectivity is set to change many of the devices around us, making them more powerful and more valuable.

The Internet of Things is the network of objects embedded with electronics, software, sensors, and network connectivity. This enables these objects to collect and exchange data resulting in improved efficiency, accuracy, and economic benefit.

Meaning, a computer, car, or medical device can be programmed to perform a variety of tasks that save time or money. The market research company IDC estimates the universe of connected devices will total 30 billion by 2020.

Internet of Things (IoT) could lead to as much as $11.1 trillion a year worldwide in economic value. While most of the media attention to date focused on the consumer applications, close to $5 billion of this value will be produced from B2B settings. The Internet of Things is expected to have a notable impact in manufacturing, agriculture, and healthcare -as well as in the oil and gas and construction industries.

The Internet of Things highlights something IT professionals have known for years: business value comes from optimized operations. Information that is gathered at key points in a process, centralized and delivered in a way that informs decision making can deliver efficiencies and money savings throughout an organization.

Technology leaders need to stay up-to-date on developments relating to the Internet of Things and the enabling technologies. The main technologies utilized in the Internet of Things are RFID and near-field communication, optical tags and quick response codes, and Bluetooth low energy. While these technologies bring great promise for information exchange they also come with a host of privacy concerns. Ethicists and even members of the media are concerned about how these emerging information capabilities affect informed consent to data collection, freedom of choice, and data anonymity.

Like any significant change to data and information, the Internet of Things is an expansive concept that is complex to understand and implement. IT professionals will need to monitor developments to ensure that they can take advantage of opportunities to reduce cost and risk while not over-investing in the potential and promise.

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Pete Langlois
Pete Langlois

Pete Langlois

Pete Langlois is the Chief Sales Officer at GEE Group. His blog leverages his decades of experience in hiring, training and retaining top talent and covers trends and issues of interest to employers and job candidates alike.

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Full biography

Pete Langlois is the Chief Sales Officer at GEE Group. His blog leverages his decades of experience in hiring, training and retaining top talent and covers trends and issues of interest to employers and job candidates alike.

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